RRBs Must Update UN Terrorist Lists for KYC Compliance
Current · Source: Reserve Bank of India · RBI/2010-11/583 · issued 28 Jun 2011 · ~2 min read
Quick answerRBI directs all RRBs to update the consolidated UN list of terrorist individuals/entities linked to Al-Qaida and Taliban. Before opening new accounts and while reviewing existing ones, banks must ensure no customer is on this list, and freeze assets as per UAPA Order procedures.
Sanctions-list safety note. This circular refers to a specific UN Security Council / UAPA designated-entities list update as it stood on the date above — sanctions lists change often, and a newer update almost certainly exists today. Never use this page, or any single dated circular, as your current screening list. Always screen against the live, current list at the official UAPA proscribed-organisations list and the UN Consolidated List, and confirm the obligations for your bank on the official rbi.org.in source below.
The rule, in the simplest words
Update the bank’s internal list with the latest UN (United Nations) list of people and groups linked to Al‑Qaida or Taliban.
Before opening any new account, check that the customer’s name is NOT on that UN list (so no terrorist can get a new account).
Run the UN list against all existing accounts and flag any matches (so the bank knows if someone already has an account).
If a match is found, freeze the money or assets (stop them from being moved) as required by the November 5 2009 freezing rule and tell the compliance officer.
How it plays out — a real example
Ramesh, a gold‑loan officer in Indore, receives a new customer application. He first looks at the updated UN terrorist list on the bank’s computer; seeing the name is not there, he warmly welcomes the customer and opens the account. Later, he runs the same list on all existing accounts, finds a match, immediately blocks that account’s funds, and informs his compliance officer, following the RBI’s rule.
What changed
RBI has forwarded a June 23, 2011 UN Security Council 1267 Committee note with changes to the consolidated list of Al-Qaida and Taliban-linked individuals/entities. RRBs must now incorporate these updates into their screening processes for new and existing accounts.
What it means for you
RRBs face heightened compliance burden to cross-check all customers against the updated UN list. Failure to identify and freeze accounts of designated entities could lead to regulatory action. This reinforces the need for robust AML/KYC systems and real-time list updates.
What you must do
Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Screen all new account applications against the updated list before account opening.
Scan all existing accounts to identify and flag any matches with the updated list.
Freeze funds, financial assets, or economic resources of matched accounts as per paragraph 6 of the November 5, 2009 circular.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Who it affects
All Regional Rural Banks (RRBs), Compliance Officers / Principal Officers of RRBs, Branch managers handling account opening and KYC
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
Where can we access the complete updated consolidated list?
The full list is available on the UN website at http://www.un.org/sc/committees/1267/consolist.shtml. RBI has also enclosed a copy of the UN note with this circular.
What action is required if we find an existing account matches the list?
You must immediately freeze the funds, financial assets, or economic resources held in that account, following the procedure detailed in paragraph 6 of the November 5, 2009 circular.
Do we need to acknowledge receipt of this circular?
Yes, the Compliance Officer or Principal Officer must send an acknowledgment to the concerned RBI Regional Office.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
RBI’s words: “Please refer to our circular letter RPCD.CO.RRB.AML.NO.15003 /03.05.28 (A)/2010-11 dated June 28, 2011”
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/583
RPCD.CO RRB.AML.No. 15003 /03.05.28(A)/2010-11
June 28, 2011
The Chairmen
All Regional Rural Banks (RRBs)
Dear Sir,
List of Terrorist Individuals / Organisations - under UNSCR 1267(1999) and
1822(2008) on Taliban / Al-Qaida Organisation
Please refer to our circular letter RPCD.CO.RRB.AML.NO.14878 /03.05.28 (A)/2010-11 dated June 24, 2011 . We have since received from Government of India (Ministry of External Affairs) copy of note dated June 23, 2011 forwarded by the Chairman of UN Security Council's 1267 Committee ( copy enclosed ) regarding changes made in the Consolidated List of Individuals and entities linked to Al-Qaida and Taliban.
2. RRBs are required to update the consolidated list of individuals/entities as circulated by Reserve Bank and before opening any new account, it should be ensured that the name of the proposed customer does not appear in the list. Further, RRBs should scan all existing accounts to ensure that no account is held by or linked to any of the entities or individuals included in the list.
3. RRBs are advised to strictly follow the procedure laid down in the UAPA Order dated August 27, 2009 enclosed to our circular RPCD . CO. RRB. No. 39 / 03.05.33(E) /2009-10 dated November 05, 2009 and ensure meticulous compliance to the Order issued by the Government.
4. As far as freezing of funds, financial assets or economic resources or related services held in the form of bank accounts of the designated individuals/entities are concerned, action should be taken as detailed in paragraph 6 of the circular dated November 05, 2009, mentioned above.
5. The complete details of the said consolidated list are available on the UN website:
http://www.un.org/sc/committees/1267/consolist.shtml
6. Compliance Officer/Principal Officer should acknowledge receipt of this letter to our Regional Office concerned.
Yours faithfully
(V.S.Vagad)
Assistant General Manager
Encls: as above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/583 · issued 28 Jun 2011. The plain-English explanation above is BankPulse’s own independent summary.
Screen all new account applications against the updated list before account opening.
📜 Compliance
Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Scan all existing accounts to identify and flag any matches with the updated list.
Freeze funds, financial assets, or economic resources of matched accounts as per paragraph 6 of the November 5, 2009 circular.
Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All Regional Rural Banks (RRBs), Compliance Officers / Principal Officers of RRBs, Branch managers handling account opening and KYC), your first concrete step on “RRBs Must Update UN Terrorist Lists for KYC Compliance” is: “Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.” (RBI issued this 28 Jun 2011).
Circular: RBI/2010-11/583 -- RRBs Must Update UN Terrorist Lists for KYC Compliance
Issued: 28 Jun 2011
Action required: Update your internal consolidated list of terrorist individuals/entities with the latest UN 1267 Committee changes.
Action required: Screen all new account applications against the updated list before account opening.
Action required: Scan all existing accounts to identify and flag any matches with the updated list.
Action required: Freeze funds, financial assets, or economic resources of matched accounts as per paragraph 6 of the November 5, 2009 circular.
Action required: Ensure Compliance Officer/Principal Officer acknowledges receipt of this circular to the concerned RBI Regional Office.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6481&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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